Not so fast: U.S. notes interest in re-joining TPP far from guaranteed

US President Donald Trump talks Trans-Pacific Partnership on Twitter

On the heels of bombshell news that President Donald Trump is exploring the possibility of rejoining the Trans-Pacific Partnership, the United States is seeking to contain expectations.

Trump tweets that he would only rejoin the agreement if it’s renegotiated to become substantially better for the U.S.

And the economic adviser he’s tasked to lead the process says it’s still very preliminary.

Larry Kudlow told the Fox Business channel that he just received the assignment Thursday, and that he has no idea if the deal can be improved.

He says the U.S. administration does not have a position on rejoining the agreement — it’s merely exploring the possibility.

There is also skepticism from other countries in the 11-nation deal: Australia’s trade minister says there’s very little appetite for a renegotiation, and Japan’s minister on the file compares the deal to a carefully crafted glass sculpture that would be difficult to change.

Some people, however, would be thrilled to see it reopened: the Canadian auto-parts lobby says it would be pleased to have Trump force changes that would make the agreement friendlier to North American producers.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Seven arrested in drug trafficking investigation

Queen Charlotte RCMP arrested seven people in connection to a drug trafficking… Continue reading

More sailings coming to Haida Gwaii

The B.C. government says Haida Gwaii’s two BC Ferries routes are among… Continue reading

More sailings coming to 10 BC Ferries’ routes

Transportation Minister Claire Trevena said the sailings were originally cut in 2014

Mold shuts down construction at QC supportive housing project

Construction of the new 19-unit modular housing complex in Queen Charlotte has… Continue reading

Spring fishery closures mulled for south coast

Fewer fish are returning to rivers and more conservation needed, say feds

National Energy Board approves Trans Mountain pipeline again

Next step includes cabinet voting on the controversial expansion

No treatment for highly infectious measles, says doctor

10 cases of measles confirmed in Vancouver as of Friday

Two more measles cases confirmed in Vancouver

It brings the number of total cases within the city connected to the outbreak to ten

B.C. Special Olympics officially underway in Vernon

Athlete’s Oath: “Let me win. But if I cannot win, let me be brave in the attempt.”

Vancouver Aquarium wants your help to name a baby killer whale

The public helped name Springer’s first calf, Spirit, and is being asked to help with the second

Guards protest firing of fellow officers charged with assault at B.C. prison

Corrections officers demonstrated in Maple Ridge on Friday afternoon

Skier dies at Revelstoke Mountain Resort

Cause of death for young man has not been released

R. Kelly charged with 10 counts of sexual abuse

R&B star has been accused of sexual misconduct involving women and underage girls for years

Cryptocurrency exchange CEO who suddenly died leaves Kelowna house in will

Gerald Cotten, holding the keys to money tied up in his virtual currency exchange, died in December.

Most Read